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Thoma Bravo to buy Coupa Software for $6.15 billion amid tech slump

Por: CNBC Tech December 12, 2022

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said on Monday it will sell itself to private-equity major Thoma Bravo for $6.15 billion in cash, calling the deal the optimal path forward as broader economic uncertainty hammers technology stocks.News of the deal sent Coupa's shares up 27% in premarket trade, after a more than 60% drop in the year so far.Coupa will get $81 per share under the deal, 30.5% higher than the stock's closing level on Friday and 77.2% above Nov. 22, when... + full article



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